GW&K Investment Management LLC Sells 1,236 Shares of Transdigm Group Incorporated $TDG

GW&K Investment Management LLC cut its stake in shares of Transdigm Group Incorporated (NYSE:TDG) by 8.1% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 13,970 shares of the aerospace company’s stock after selling 1,236 shares during the quarter. GW&K Investment Management LLC’s holdings in Transdigm Group were worth $18,413,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also bought and sold shares of TDG. Salomon & Ludwin LLC purchased a new stake in shares of Transdigm Group during the 3rd quarter valued at $26,000. Hantz Financial Services Inc. increased its stake in Transdigm Group by 1,250.0% in the second quarter. Hantz Financial Services Inc. now owns 27 shares of the aerospace company’s stock valued at $41,000 after acquiring an additional 25 shares during the last quarter. Pinnacle Holdings LLC purchased a new stake in Transdigm Group during the third quarter valued at about $41,000. Security National Bank bought a new stake in Transdigm Group during the third quarter worth about $53,000. Finally, Ameritas Advisory Services LLC boosted its holdings in shares of Transdigm Group by 38.7% in the 3rd quarter. Ameritas Advisory Services LLC now owns 43 shares of the aerospace company’s stock worth $56,000 after purchasing an additional 12 shares in the last quarter. Hedge funds and other institutional investors own 95.78% of the company’s stock.

Transdigm Group Stock Performance

Shares of Transdigm Group stock opened at $1,294.59 on Friday. Transdigm Group Incorporated has a 52-week low of $1,183.60 and a 52-week high of $1,623.82. The company’s 50 day moving average price is $1,352.96 and its 200-day moving average price is $1,329.31. The stock has a market capitalization of $73.11 billion, a price-to-earnings ratio of 41.65, a P/E/G ratio of 2.76 and a beta of 0.93.

Transdigm Group (NYSE:TDG) last announced its quarterly earnings results on Tuesday, February 3rd. The aerospace company reported $8.23 earnings per share for the quarter, beating the consensus estimate of $7.99 by $0.24. The business had revenue of $2.29 billion during the quarter, compared to analysts’ expectations of $2.26 billion. Transdigm Group had a net margin of 20.50% and a negative return on equity of 29.07%. The firm’s revenue for the quarter was up 13.9% compared to the same quarter last year. During the same quarter in the prior year, the company posted $7.83 EPS. Transdigm Group has set its FY 2026 guidance at 37.420-39.340 EPS. As a group, equities research analysts forecast that Transdigm Group Incorporated will post 35.13 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other Transdigm Group news, Director Robert J. Small sold 90,953 shares of the company’s stock in a transaction that occurred on Tuesday, December 9th. The stock was sold at an average price of $1,335.72, for a total transaction of $121,487,741.16. Following the completion of the transaction, the director owned 68,139 shares of the company’s stock, valued at $91,014,625.08. This represents a 57.17% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director Kevin M. Stein sold 36,925 shares of the stock in a transaction that occurred on Monday, February 2nd. The stock was sold at an average price of $1,425.79, for a total value of $52,647,295.75. Following the completion of the sale, the director owned 19,233 shares of the company’s stock, valued at approximately $27,422,219.07. This trade represents a 65.75% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 212,201 shares of company stock worth $290,306,625 in the last quarter. 3.20% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

A number of brokerages recently weighed in on TDG. KeyCorp cut Transdigm Group from an “overweight” rating to a “sector weight” rating in a report on Thursday, February 5th. BMO Capital Markets increased their price target on shares of Transdigm Group from $1,420.00 to $1,500.00 and gave the company an “outperform” rating in a research report on Thursday, November 13th. Weiss Ratings reissued a “buy (b-)” rating on shares of Transdigm Group in a research note on Monday, December 29th. BNP Paribas Exane began coverage on shares of Transdigm Group in a research note on Tuesday, November 18th. They issued an “outperform” rating and a $1,775.00 price objective for the company. Finally, UBS Group reduced their target price on shares of Transdigm Group from $1,804.00 to $1,800.00 and set a “buy” rating on the stock in a report on Wednesday, February 4th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and six have given a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $1,584.44.

Transdigm Group Company Profile

TransDigm Group Incorporated is a designer, producer and supplier of engineered aircraft components and systems for commercial and military aerospace applications. The company’s product portfolio covers a broad range of mission-critical parts and subsystems, including mechanical and electromechanical components, ignition and fuel system parts, sensors and actuators, cockpit and cabin systems, and other safety-critical hardware. TransDigm supplies original equipment manufacturers (OEMs) as well as the aftermarket, providing spare parts, repair and overhaul services and component support throughout an asset’s life cycle.

TransDigm’s operating model places emphasis on proprietary, niche components that are difficult to replace, and the company operates through a collection of independently run subsidiaries and brands that sell specialized products.